Updates
Cerberus Still Seeking to Privatize Profit, Pass on Risk?
GM, Chrysler Close In On Deal For US Loans, Say Sources
Report: GM will file bankruptcy
Former Treasury secretary seeking billions in bailout
Dec. 18th, 2008 at 9:29 PM
THURSDAY, DECEMBER 11, 2008
Cerberus Leveraging Billion Dollar Connections In Congress
It is agonizing to watch Congress publicly stumbling through its analysis and qualification of the auto industry, providing appearance that it is doing its homework on a bailout. Over 40% of Congress is made up of lawyers, with little grasp of finance, economics or business. Congress should not be negotiating the bailout.
Chrysler and Cerberus Capital Management are seeking an unholy bailout and Congress understandably struggles when Cerberus owned Chrysler CEO, Bob Nardelli, cannot explain why his bosses will not put up cash to bailout one of its many subsidiaries. Cerberus does not work that way, and it does not have to. Its political clout will do the heavy lifting on salvaging a failing investment.
Related
"IAP is owned by Cerberus Capital Management LP, an asset-management firm chaired by former Treasury secretary John W. Snow. The company is headed by two former high-ranking executives of KBR, formerly known as Kellogg Brown & Root. Al Neffgen, IAP's chief executive, was chief operating officer for a KBR division before joining IAP in 2004. IAP's president, Dave Swindle, is a former KBR vice president. The company has worked at Walter Reed since 2003, providing housekeepers, computer analysts and clerks under a Treasury contract," Steve Vogel and Renae Merle reproted(Washington Post). Link
Tied to Cheney's Halliburton, Cerberus is also tied Katrina, Walter Reed and the list of Bush administration insider looting goes on and on...
Remember Dan Qualye+ He is Cerberus' Manager of Global Operations.
Cerberus owns the Israeli bank called Bank Leumi.
Stephen A. Feinberg owns Cerberus.
Bank Leumi is a money laundry.
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BY MARC PARENT
CRIMES AND CORRUPTIONS OF THE NEW WORLD ORDER NEWS
-We Did Not Apply for Government Bailout
-No Multi Million $ Bonuses Given
-We Do Not Even Own A Private Jet
CRIMES AND CORRUPTIONS OF THE NEW WORLD ORDER NEWS
Madoff And Blagojevich: Lessons From Creeps
As audacious as Blagojevich's political gluttony is, it is easy to find far worse political corruption, much of it perfectly legal: Distorting intelligence to invade Iraq, torturing prisoners, failure to regulate Wall Street, and systematic.
CRIMES AND CORRUPTIONS OF THE NEW WORLD ORDER NEWS
Bush announces auto bailout
CRIMES AND CORRUPTIONS OF THE NEW WORLD ORDER NEWS
The far-right zionist billionaire gets his loot and what does the "shitty little state" get?
Some Israeli officials believe that, after the Bush era, the US is no longer capable of imposing its will on the Middle East.
Link
CRIMES AND CORRUPTIONS OF THE NEW WORLD ORDER NEWS
...by a well known liberal Democratic blogger whose work I respect for covers important angles to the auto bailout story. All except one of course. The Jewish billionaire thing. The blogger gets referenced and posted at Daily Kos. One must not cover the Jewish angle as many WUFYSers know, or the Kos' hitman editor will give you the boot.
Liveblog of the Dan Quayle Bailout
CRIMES AND CORRUPTIONS OF THE NEW WORLD ORDER NEWS
Cerberus Still Seeking to Privatize Profit, Pass on Risk?
Cerberus appears to be seeking to capitalize on the woes of the auto industry to do two things: first help its Republican buddies break the UAW, and after doing so, pawn off its unwanted "investment" in Chrysler onto the same union.
CRIMES AND CORRUPTIONS OF THE NEW WORLD ORDER NEWS
The Cerberus Mysteries Deepen